We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · TQ3 2AH
Sold STCListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ACCOMMODATION UPVC double glazed entrance door leads into :- KITCHEN - 2.9m x 2.1m (9'6" x 6'10") UPVC double glazed window to the side of the property.
A range of wall, and floor mounted units withhrolled edge worksurfaces. Stainless steel sink with mixer tap over. Tiled splashbacks. Fitted stainless steel oven and hob with stainless steel hood over.
Spotlighting. Central heating radiator. Wall mounted boiler. sapce and plumbing for washing machine. Tiled floor.
Doors leading to :- LOUNGE - 4.29m Max x 3.26m Max (14'0" x 10'8") UPVC double glazed window to the rear of the property. Deep storage cupboard housing meters and circuit breaker box.
Central heating radiator. TV point. door to :- BEDROOM - 4.09m Max x 3.2m Max (13'5" x 10'5") UPVC double glazed window. Central heating radiator. Internet point.
SHOWER ROOM UPVC obscure double glazed window to the side of the property. Shower cubicle with fitted electric shower. Wash hand basin set within useful vanity. Low level WC. Central heating radiator.
OUTSIDE Patio/courtyard area. AGENTS NOTES Councl Tax Band A. All mains services connected. The title Feehold with lease granted granted to the first floor. Street parking close by. No Chain.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Torquay Road, Preston, Paignton, Devon, TQ3 2AH
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